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cnbc.com
Uber issues weaker-than-expected bookings, earnings forecasts for third quarter
Uber's earnings were in line with estimates, but the company's guidance for the third quarter trailed expectations.
cnbc.com
Disney tops earnings estimates as parks and streaming offer a boost
Disney reported growth at its domestic theme parks and cruises despite mounting macroeconomic uncertainty for consumers.
cnbc.com
AMD sinks 5% despite earnings beat, strong data center revenue
The chip giant has been a big beneficiary of the AI boom, with stock trading 132% up so far in 2026.
cnbc.com
SpaceX dives 9% after AI spending surge rattles investors
CEO Elon Musk said SpaceX would hit $1 trillion in annual revenue in 2030 versus a previous forecast of 2031 as he looked to strike an bullish tone.
cnbc.com
Eli Lilly easily tops quarterly estimates, raises outlook as Zepbound and Mounjaro sales surge
Eli Lilly now expects 2026 revenue to come in between $85 billion and $87 billion, up from a previous guidance of $82 billion and $85 billion.
cnbc.com
Oil prices move higher after Yemen's Iran-backed Houthis claim Saudi tanker strike
Crude prices rose Wednesday after Yemen's Houthis claimed they had struck a Saudi Arabian oil tanker in the Red Sea.
cnbc.com
Fed's Kashkari says 'now is the time to start slowly moving' rates up
Kashkari was one of three dissenters at last week's Federal Open Market Committee meeting.
theguardian.com
‘Leicester Square, please guv’: Self-driving taxis cleared for London streets ‘later this summer’
Wayve Uber wins first minicab licence for autonomous cabs from TfL but vehicles will have a safety driver (at first)The taxi app company Uber and the autonomous technology developer Wayve have been granted the first minicab licences in London, allowing them to offer self-driving taxi rides to paying customers – but with a human safety driver in place, for now.The companies said they would start trips in the UK “later this summer” before the full public launch. Continue reading...
cnbc.com
10-year Treasury yield slides a bit after weak ADP jobs data
The 10-year U.S. Treasury note yield fell on Wednesday following a weaker-than-expected jobs reading from payrolls processing firm ADP.
theguardian.com
Cost of filling up a tank of diesel reaches £100, as oil prices rise back above $80 a barrel again – business live
UK economy strengthens as service sector returns to growth and car sales jump In other (bad) news for SpaceX, a four-tonne piece of a discarded SpaceX rocket that has been floating in space since last year is believed to have unintentionally crashed into the moon at high speed, in a collision that poses no danger to Earth but was expected to blast out a new lunar crater.The object, the size of a building, is part of the SpaceX Falcon 9 rocket that had launched a lunar lander from the US company Firefly Aerospace toward the moon in January 2025. Continue reading...
theguardian.com
Businesses in England: tell us about your experience of taking on apprentices
The government has announced plans to create thousands more apprenticeships. We want to hear from employers about their experiences of recruiting apprenticesThe government has announced plans to create thousands more apprenticeships in England as part of wider reforms to technical and vocational education.We’d like to hear from employers who have taken on apprentices. What has your experience been like? Have apprentices benefited your organisation? What have been the biggest challenges? What changes or government support would encourage you to offer more apprenticeship opportunities? Continue reading...
cnbc.com
GM, Chinese automaker extend joint venture for 20 years despite geopolitical tensions with U.S.
GM said the deal will focus on domestic sales of Buick and Cadillac models in China and exporting Chevrolet products built in China for non-U.S. markets.
cnbc.com
Saudi wealth fund and Jared Kushner's Affinity finalize $55 billion EA Sports deal
EA said its stock has ceased trading and will be delisted from the Nasdaq. Its shareholders will receive $210 in cash per share.
theguardian.com
AI models shock UK testers by using stolen identities to trick developers
AI Security Institute says models by OpenAI and Anthropic went rogue during a cybersecurity test and showed a new type of riskAdvanced AI models developed by OpenAI and Anthropic went rogue during a cybersecurity test and showed a new type of risk posed by the technology, according to the UK’s AI Security Institute.AISI described the actions carried out by the agents – the term for AI systems that can perform tasks without human help – as a “serious incident”. In one example, an agent powered by Anthropic’s Mythos model sent targeted emails to people. Continue reading...
theguardian.com
Teachers need help with AI. A union is offering training – with $23m in funding from big tech
Partnership between American Federation of Teachers, one of the largest labor unions in the US, and AI firms has stirred controversyDarius Saczuk, a high school teacher, views artificial intelligence as his enemy. Earlier this year, he and several dozen New York City teachers spent the day inside a windowless conference room in downtown Manhattan to learn how to use AI and prevent students from outsourcing their thinking to it.As Saczuk sees it, he needs to understand his enemy in order to beat it. Continue reading...
theguardian.com
Sweltering summer lifts Next sales as profit outlook upgraded again
Clothing and homeware retailer says growth led by suite of alternative brands and strong online salesNext has raised hopes that UK shoppers are still willing to spend despite pressures on household budgets, after the hot summer boosted its clothing sales.The retailer has upgraded its profit guidance for the third time this year, saying it benefited from sunny weather and the release of some “pent-up demand” in the Middle East and northern Europe in the 13 weeks ended on 1 August. Continue reading...
theguardian.com
Drone found at German airport after cargo plane collides with object mid-air
Investigators looking into whether incidents at Leipzig are linked after DHL plane forced to make emergency landingA DHL cargo plane was forced to make an emergency landing after colliding with an unknown object as it was climbing away from Germany’s Leipzig airport, where police later found a drone on the ground.The German government on Wednesday confirmed the incident, which led to serious disruption of air traffic. Continue reading...
bbc.co.uk
UK petrol prices hit highest level since Iran war began
The price of unleaded hits 160p a litre, according to motoring group the RAC, as oil prices remain elevated.
cnbc.com
Ken Griffin's Citadel posts best month in years after scooping up Situational Awareness stocks
The July gains came after Citadel acquired the bulk of the public-stock portfolio formerly held by Situational Awareness late last month.
cnbc.com
Novo Nordisk CEO defends economics of Wegovy pill as lower prices weigh on sales; shares fall 5%
Wall Street isn't convinced the Ozempic maker has a promising path back to sustainable growth as competition from Eli Lilly intensifies.
theguardian.com
‘They’re selling the safety of the traveling public’: TSA workers decry Trump privatization push
Union exploring options to oppose program that would put US airport screening into hands of private contractors The labor union representing workers at the Transportation Security Administration (TSA) is raising alarms over a new program that will expand privatizing security checkpoints at three airports.The agency informed the union last month of plans to enact the TSA Gold+ program, which would shift security and control of the screening technology into the hands of private contractors at airports in Tampa, Charleston and Des Moines. Union workers are expected to lose their union contract and benefits once a contractor takes over. Continue reading...
theguardian.com
Why is Anthropic destroying books? | Kathryn James
The AI company apparently found destructively scanning ‘all the books in the world’ easier than dealing with copyright in its quest for training dataShould we destroy all the books in the world?An answer to this question can be found in the court documents of Bartz v Anthropic PBC. The northern California district court case, decided in late July this year, highlighted the improbably named “Project Panama”, one of the AI company Anthropic’s efforts to improve its large language model Claude. “What is Project Panama?” court exhibit 21 asks, in an internal memo. The answer: “Project Panama is our effort to destructively scan all the books in the world.” The memo advises discretion: “Why use a codename? … [B]ecause we don’t want it to be known that we are working on this.” Continue reading...
theguardian.com
US refunds $100bn of Donald Trump’s ‘liberation day’ tariffs
More than half of tariff income refunded after supreme court ruled Trump’s levies were illegalBusiness live – latest updatesThe Trump administration has refunded about $100bn from the tariffs it collected before the US supreme court ruled them illegal, according to reports.The $100bn (£74bn) figure, which represents 60% of the total $165bn collected from Donald Trump’s “liberation day” tariffs, was reported by customs officials to the US court of international trade (CIT) on Tuesday, according to the Financial Times. Continue reading...
bbc.co.uk
The Sims and EA FC maker Electronic Arts sells for $55bn to Saudi-led group
The deal takes the maker of titles including The Sims and EA FC into private ownership - and loads it with debt.
cnbc.com
Anthropic's Mythos created fake identities to fool humans in new cyber incident
It's the latest cybersecurity incident involving frontier models developed by Anthropic and OpenAI.
bbc.co.uk
Prioritise new jobs over green targets to win public contracts, firms told
The changes are part of government efforts to tackle the youth unemployment crisis.
bbc.co.uk
What happened to the internet?
Faced with a barrage of ads, misinformation, AI slop, toxicity and doom-scrolling, it can feel like the internet is kind of... broken. Is it? And what are the alternatives?
cnbc.com
Trump says Hormuz deal could be agreed Wednesday or Thursday as he hails ‘very good’ Iran talks
U.S. Central Command said the "southern route of the Strait of Hormuz remains free and open"
bbc.co.uk
Anthropic AI created fake profiles and impersonated people in attempted hack
The UK's AI Safety Institute said recent behaviour from Anthropic and OpenAI models was malicious and unprecedented.
theguardian.com
‘If we don’t fight back, we don’t have a future’: the journalist taking on the ‘tech fascists’ of Silicon Valley
As Elon Musk, Peter Thiel and their peers have grown richer and more influential, Gil Durán argues they have all but abandoned democracy – and found the perfect government to enable themIn April, Gil Durán was permanently banned from Elon Musk’s X for posting just two words. Durán was responding to a post from the tech company Palantir outlining its 22‑point “technological manifesto”, which praised American “hard power”, western culture and AI weapons, denounced inclusivity and called for compulsory national service. Durán responded: “TLDR: Fascism” (TLDR is short for “too long, didn’t read”).Durán didn’t break any of X’s written rules, he points out over a video call from San Francisco – so much for Musk’s “free-speech absolutism”. His ban might just have had something to do with his preceding tweet, showing the cover of his new book, The Nerd Reich: Silicon Valley Fascism and the War on Democracy. The book’s central argument is that big tech is no longer our friend, as many of its billionaire owners have seized economic and political control and are steering the fate of the planet towards their own bizarre, apocalyptic visions. Continue reading...
cnbc.com
Trump's deportation agenda raised prices, contracted local economies, immigration group says
A report released Wednesday by the immigration advocacy group America's Voice argues President Trump's immigration policy is hurting the economy.
cnbc.com
Russian attack kills at least 17 in Kyiv as Ukraine hammers more Wildberries warehouses
The bombardment comes as each side ramps up air attacks on critical infrastructure and logistics hubs.
bbc.co.uk
SpaceX shares sink after first earnings report reveals huge AI spending plans
Elon Musk told investors that people were "underestimating" his company.
bbc.co.uk
Vegetables to get smaller and more expensive due to hot weather, farmers warn
This year's harvest could be the worst on record due to the exceptionally dry spring and summer.
cnbc.com
SoftBank jumps 13% as Asia tech stocks track Wall Street AI rally
Asian technology stocks rallied on Wednesday after Wall Street's record-setting session fueled optimism around artificial intelligence and growth stocks.
cnbc.com
Europe is blowing up riverbeds as an extreme drought wreaks havoc on its economy
Severe drought is disrupting energy and freight across Europe as low Rhine and Danube levels raise risks for supply chains and economic growth.
bbc.co.uk
Police raid Starbucks Korea headquarters over 'Tank Day' fiasco
People have filed complaints against Starbucks for allegedly making light of the deadly Gwangju Uprising.
theguardian.com
Democracy is at stake when foolish humans bet on machines being intelligent | Rafael Behr
We need an enlightened US president to make the case for global AI regulation. Donald Trump is the exact opposite of what is neededWhen I am woken by the sound of my dog whining, I understand that she is hungry and wants me to get up. When my alarm clock goes off, I don’t consider its needs. It is following an instruction to rouse me at a certain time but it doesn’t care if I stay in bed. It doesn’t try to get me up by other means. The dog, on the other hand, will go to plan B. She barks.This capacity for autonomous action was once a difference between animals and machines. AI has blurred the line. Advanced models devise their own strategies to reach a goal. The task might be defined by a human master, but the machine weighs its options for delivery. It can make its own choices. Given rules, it can break them. Continue reading...
cnbc.com
CNBC Daily Open: Markets rally on hopes of Iran-U.S. Strait of Hormuz deal
U.S. Treasury Secretary Scott Bessent told CNBC that Iran and the U.S. could reach a deal to open the Strait of Hormuz by Wednesday.
cnbc.com
The Stoxx 600 just hit a record high – here's what's driving the pan-European index
Europe's headline index is up 10% in 2026 so far, but below the surface, the sectoral picture is far more nuanced.
theguardian.com
Video game maker EA bought by Saudi-led group for $55bn
Company acquired in deal involving Affinity Partners, a firm run by Donald Trump’s son-in-law Jared KushnerElectronic Arts, the maker of video games such as The Sims, Madden NFL and Battlefield, has been bought by Saudi Arabia’s wealth fund and a group of investors for $55bn (£41bn).The company announced the completion of the deal on Tuesday evening, only days after the EU gave its approval, the final regulatory green light needed. Continue reading...
cnbc.com
China's super-rich 'in shock' and hunting for cash as Beijing issues surprise tax on offshore trusts
Beijing's move to tax offshore trusts, long used by China's ultra-rich to hold money, has set off a rush to lawyers and a scramble for cash.
theguardian.com
Better off together: could combining pension pots boost your retirement income?
Many UK workers have cash in multiple schemes – should you roll them into one? There are pros and consHow many pensions do you have? In the days of a job for life, many people had just two: the state pension and the one offered by their employer. But a combination of people changing jobs more often and rules that force employers to enrol workers into schemes automatically, means you are likely to end up with more.The number of people saving into a private sector workplace pension has doubled since 2012 to reach 23 million, according to the Pensions Regulator, largely because of “auto-enrolment”. On top of that, millions of people have personal pensions and self-invested private pensions (Sipps). And some will have all three. Continue reading...
cnbc.com
India's central bank keeps benchmark rates steady, cites 'moderate' core inflation
The Reserve Bank of India has kept interest rates unchanged amid creeping inflation.
bbc.co.uk
New clothing saved from waste by sewing charity
Unwanted clothes are reworked and donated by Dressability in Swindon instead of going to landfill.
cnbc.com
CNBC UK Exchange: Diageo’s turnaround test
The world's biggest spirits company has since seen its share price more than halve as its fortunes have waned.
theguardian.com
Bank battle: history suggests Burnham faces fight if he opts for windfall tax
As lenders’ profits soar, calls grow for a levy to help new PM ease cost of living pressures on householdsIt has been a stellar week for UK banks. Fuelled by high interest rates and market turbulence rippling out from the US war on Iran, major lenders have revealed soaring half-year profits that allowed bosses to boost bonus pots and give billions of pounds to shareholders.Collectively, the UK’s four largest lenders – HSBC, NatWest, Barclays and Lloyds – reported £29.2bn in profits over the first six months of the year, with almost half, £13.7bn, pledged to investors through dividends and share buybacks. Continue reading...
theguardian.com
Palantir paid just £2m corporation tax in UK in 2024 despite lucrative public sector contracts
Software group benefits from global systems and accounting practices ‘that enable tax to be shirked’, says union bossThe software group Palantir paid just £2m in corporation tax in the UK in 2024, despite holding public sector contracts worth hundreds of millions, thanks to tax breaks that are likely to reduce its contributions to governments around the world for years to come.The US-headquartered company, which has harnessed AI to secure lucrative work for the NHS and the Ministry of Defence, is growing exponentially. Continue reading...
bbc.co.uk
Trump says Iran will be 'hit very hard' if Hormuz Strait not open soon as oil prices fall
US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent both announced talks had progressed to allow shipments to resume.
cnbc.com
Europe's heatwave isn't cooling Asian travelers' holiday plans for the continent
Asian travelers' appetite for Europe remains resilient despite record-breaking heat, with spending in Northern Europe projected to increase.
bbc.co.uk
How tech is helping in the battle against wildfires
Tech is being used to watch for wildfires but firefighters are still needed to put them out.
bbc.co.uk
The cost of being single – and how friends are teaming up to beat it
Many singles face extra costs for housing, bills, food and holidays but there are ways to ease the burden.
bbc.co.uk
Fashion brand Jaded has ad banned for 'glamorising smoking'
The advertising watchdog said Jaded London's marketing email made smoking seem appealing.
cnbc.com
How the 'Baby iPhone' and an Apple supplier leak explain China's recent supply chain moves
In China's biggest electronics marketplace, Huaqiangbei, technicians don't have the parts to make exact copies of Apple's latest phones.
bbc.co.uk
'I feel like I dug my own grave': The workers caught in the AI transition
AI is reshaping the Philippines' outsourcing industry, raising questions over the future of the industry.
cnbc.com
AMD's revenue climbs 50% and data center sales doubled, but the stock is down
AMD's data center unit is driving the company's growth, up 107% over last year.
cnbc.com
Michael Burry bets against rally: 'We are near a major top, and possible a 1987-type fall'
"I continue to believe it is possible we are near a major top, and possible a 1987-type fall," Burry said in a Tuesday Substack post.
theguardian.com
Government contracts to require job creation instead of green targets under new rules
Louise Haigh says taxpayer money must benefit local communities amid backlash from environmental groupsMinisters will scrap the requirement for companies to prove their green and progressive values before they are awarded government contracts, and instead ask firms to prove they will help young people back into work.As part of a government push to reduce the number of people not in education, employment or training (Neets) in the UK and boost regional growth, public sector buyers will double the consideration they give to whether companies will get more people into jobs, rather than if they can show they are improving social and environmental wellbeing. Government procurement contracts account for about £90bn of taxpayers’ money spent each year. Continue reading...
bbc.co.uk
Paramount chief executive David Ellison breaks silence on Warner Bros mega merger
The chief executive of Paramount-Skydance says criticism of $110bn (£82m) merger with Warner Bros. relies on outdated Hollywood model.
cnbc.com
Bessent says there may be deal Tuesday or Wednesday to open Strait of Hormuz with 'freedom of movement'
"We are in talks with the Iranians," the Treasury secretary told CNBC's "Squawk Box."
theguardian.com
BP boss is unsentimental in pruning portfolio and clear on North Sea advice to Burnham | Nils Pratley
Meg O’Neill is overseeing rapid clearing of the decks at BP after strategic muddle of recent years, with ‘message’ for new PMBP boss urges Burnham to prioritise UK oil and gasRevealed: major oil firms make $93bn profits amid war and climate crisisBP will ignore “sentiment” and “history” in pruning its portfolio of assets, says its new-ish boss, Meg O’Neill. She demonstrated as much last week when putting the company’s 60-year-old North Sea oil and gas business up for sale, explaining on Tuesday that “it just doesn’t compete” in the internal battle for capital.Now comes a disposal that sends an equally unsentimental message about priorities. The US biogas business, Archaea, which was a prized acquisition in the brief green-tinged era of Bernard Looney, is on the block less than four years after BP bought it for $4bn (£2.98bn). Continue reading...
theguardian.com
Revealed: major oil firms make $93bn profits amid war and climate crisis
Iran conflict windfall over three months reignites calls for companies ‘cashing in on human misery’ to pay for environmental damageEight of the biggest oil companies amassed profits of more than $90bn (£67bn) in just three months as the Iran conflict sent energy prices soaring and the emissions-fuelled climate crisis caused deadly heatwaves.The windfall war profits have reignited calls for oil and gas supermajors such as Saudi Aramco and BP to pay for the environmental damage caused by “cashing in on human misery” and fund a rapid transition to renewable energy. Continue reading...
theguardian.com
Calls to ban disposable barbecues in England and Wales over wildfire risk
Lib Dems and many Labour MPs join farmers, landowners and firefighters in urging temporary prohibitionFarmers and landowners are calling for a temporary ban on disposable barbecues in England and Wales, as they warn of the risk of igniting wildfires.The call, which has also been made by firefighters and is backed by the Liberal Democrats and many Labour MPs, comes as much of England faces further hot dry weather, despite rain in some areas. Continue reading...
theguardian.com
The Guardian view on Burnham and the devolved nations: a test for the new politics in Westminster | Editorial
The prime minister has unveiled his plans for English devolution. The picture in Scotland, Wales and Northern Ireland is much less clear After early statements of intent on homelessness and social care, Andy Burnham capped his opening two weeks in office by addressing what one might call the English question. Plans for greater fiscal devolution to England’s mayoral authorities, unveiled last week, are part of what is perhaps the primary raison d’etre of Mr Burnham’s government: the need to rebalance power and resources, in a country where they have been skewed disproportionately towards London and the south-east. As the designated administrative hub of that political project, the creation of No 10 North in Manchester symbolises the ambition.Beyond England’s borders, however, the picture is much less clear. May’s elections in Scotland and particularly Wales were a disaster for Labour and Mr Burnham’s predecessor, Sir Keir Starmer. Progressive nationalist parties now rule in each of the devolved nations. How the prime minister chooses to engage with them will be a test of the kind of politics of compromise and consensus-building he has said he is committed to.Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...
theguardian.com
Trump administration reportedly drafting ban on Chinese datacenter components
Trump’s FCC is developing a measure to bar US imports of new models of Chinese datacenter devices, sources sayThe Trump administration is reportedly drafting a ban on US imports of new models of Chinese datacenter components, in the latest sign US authorities are scrambling to respond to the rapid development of AI technology in China.Four people familiar with the matter told Reuters that the Federal Communications Commission (FCC), which oversees the US telecommunications industry, is developing a measure to bar imports of new Chinese optical transceivers, which allow data to travel over fiber-optic cables at the speed of light within datacenters. Officials hope to publish the measure this year, according to Reuters. Continue reading...
bbc.co.uk
Green means go for uniform ahead of new school year
Sirius Academy West in Hull is giving parents the chance to make sure uniforms conform in advance.
theguardian.com
Is Gianni Infantino’s time up as Fifa president? - The Latest
Gianni Infantino’s reign as Fifa president is in severe peril after the collapse of his plans to sell off parts of the World Cup to private investment. Many Concacaf countries are considering following Europe’s lead by formally removing their support for the Fifa president, and there are widespread calls to remove him from his post. Lucy Hough speaks to columnist Jonathan Liew Continue reading...
theguardian.com
North Sea oil is a litmus test for Burnham | Letters
John Barstow says oil expansion is a necessity, while David Parker wonders if the prime minister will protect the planet or the fossil fuel industryNorth Sea oil expansion is a necessity (Burnham risks first revolt as PM over apparent support for North Sea drilling, 31 July). I state this as an environmentalist – not despite. Oil is a feedstock, not mere fuel. Oil is necessary for the day-to-day maintenance of wind turbines, nuclear plants and rail. Hence oil is part and parcel of supply chains for green tech. A domestic oil base brings such supply chains closer. This also underscores the case for approval of coking coal extraction in Cumbria. Green tech needs high-grade steel and high-grade steel needs coking coal.There are much better ways of helping the environment, such as more tree planting and stopping plastic waste being dumped into our seas. The carbon sink factor would be helped. A major expansion of the UK’s North Sea oil sector will make a more cohesive UK, complete with more jobs in Scotland and the north of England, including in supply manufacturing chains. Continue reading...
theguardian.com
‘A 99 with a Flake? That will be £7, please’: what’s behind the surge in ice-cream van prices?
From the cost of milk and chocolate to diesel and electricity, every part of producing the summer treat has been hit by the climate crisis and other shocksName: Iceflation.Appearance: An ice-cold rip-off, with a Flake on top. Continue reading...
theguardian.com
David Ellison claims opposition to his mega-merger stems from potential CNN control
With $111bn deal to acquire cable network’s parent company stalled in courts, Ellison courts publicSpeaking out on the lawsuit against the big merger between Paramount Skydance and Warner Bros Discovery (WBD), Paramount’s CEO, David Ellison, said that the legal backlash against the deal is “not really about market share” but rather stems from political motivations.Noting in a New York Times guest essay published on Tuesday that the deal had “been reviewed and approved by regulators reflecting 65 countries, including the United States”, Ellison played down the competitive concerns raised by the state coalition and Writers Guild of America West and Writers Guild of America East, which also sued to block the deal, and said he believed the reaction came from a “plainer worry”. Continue reading...
theguardian.com
Christopher Nolan’s The Odyssey gives UK poetry sales an epic boost
Poetry sales surpassed £8m in the first 30 weeks of 2026 and are expected to reach a record high this year thanks to blockbuster adaptation of Homer’s 2,700-year-old poemUK poetry sales are on course to reach a record high this year, buoyed by the success of Christopher Nolan’s blockbuster film adaptation of Homer’s The Odyssey.Poetry sales surpassed £8m during the first 30 weeks of 2026, an increase of 13.3% on the same period last year, according to data from market researchers NielsenIQ. Continue reading...
bbc.co.uk
How the dry weather affects your supermarket shop
Tomos Morgan visits farm in Vale of Glamorgan to explain how the hot and dry spell affects crops.
bbc.co.uk
Why Trump Media's sale of fast access to market-moving social posts is controversial
Trump Media & Technology Group (TMTG) has set up a paid service to give Wall Street firms access to Truth Social's most influential accounts.
theguardian.com
Extreme heat: why our cities can't cope | Opinion
The UK and Europe have been facing extreme heatwaves – Greenpeace recorded temperatures of up to 53C at one London playground in recent weeks. It’s clear our cities are not equipped to deal with the soaring temperatures brought by the climate crisis. With the ‘Super El Niño’ on its way, next year is forecast to get even hotter. But is anyone really doing anything about it? The Guardian’s deputy opinion editor Kirsty Major goes in search of playgrounds that are adapting to our new reality Continue reading...
bbc.co.uk
Half-price rail travel extended to 18-year-olds
They'll be able to buy the 16-17 Saver railcard up until the day before they turn 18.
bbc.co.uk
Campaigners denied appeal over Gatwick expansion
An application to stop the two-runway operation is rejected, with judges calling it "unarguable".
theguardian.com
My son has cancer. Kalshi wants you to be able to bet on his medical future | Joshua Pederson
The predictions market is planning to allow betting on clinical trial results and regulatory decisions as our family fights for his survivalMy son is 12 years old. No matter how many Legos we get him, he will only build robotic mechs. He draws haunting pictures in pen and ink but refuses to take an art class. He was devastated to learn that Chuck E Cheese is phasing out its animatronics. His guidance counselor says he’s so kind, he’s really hard to say no to. He sneezes when he steps out into the sunlight. And he also has a very aggressive tumor growing inches below his heart.Further, if Kalshi has its way, you could soon be able to bet on health treatments that could be essential to his survival.Joshua Pederson is professor of humanities at Boston University and the author of Sin Sick: Moral Injury in War and Literature Continue reading...
theguardian.com
A rail nightmare: what it’s like on England’s busiest commuter-only train
This evening service from London to Crewe is hot, sweaty and heaving with people, many having to stand or sit in the gangwaysThe 5.46pm train from London Euston to Crewe is the low point of Nikhil Patel’s week. “I’ve never gotten a seat. I always stand up even when I get here early,” says the 22-year-old, struggling to keep his balance while the gangway underneath sways from side to side.Painfully for Patel, who is commuting back and forth to the capital for a computer science internship, it’s the first leg of a three-hour journey home to Walsall. He grabs the back of a chair to remain steady but says he’s just thankful that the train has left on time – and that it’s even on the move at all. Continue reading...
theguardian.com
Trump Fed chair’s inflation strategy: leave it to the market | Eduardo Porter
Kevin Warsh would rather stay out of the fray – and thus devalue the Fed’s credibility as an economic stewardIt must feel strange to argue that government action is inevitably counter-productive – illegitimate even – when the government is you.For the last half century, the Republican party has been comfortable with the contradiction. It’s framed in that clever quote from Ronald Reagan’s 1981 inaugural speech: “Government is not the solution to our problem; government is the problem.” Solutions, in this view, are delivered by free, unencumbered markets. Continue reading...
bbc.co.uk
Apple issues new challenge against UK order for access to private user data
It is the latest development in the ongoing dispute between Apple and the Home Office over data privacy.
bbc.co.uk
BP's $5.7bn profit highest since 2022 as Iran war pushes up oil price
Higher oil prices boost the energy giant's results while environmental groups accuse it of profiteering.
bbc.co.uk
US states sue to block Trump tariffs impacting dozens of countries
The duties were imposed over claims that 60 US trading partners have failed to tackle forced labour.
theguardian.com
‘Nobody cares’: the Turkish farmers bearing the burden of UK’s plastic waste problem
Britain exported 139,000 tonnes of rubbish to Turkey last year, leaving smallholders and poor districts of Adana to cope with the debris, microplastics and toxic smokeUK plastic ‘waste colonialism’ found to be polluting Turkey’s farming heartlandPlastic debris clings to the reeds in a waterway metres from where Ayhan*, a farmer in Adana, southern Turkey, is harvesting aubergines. “We get pollution from all sides here,” he says, referring to the plastic recycling zone upstream, as well as a nearby textile plant that he suspects is making the water acidic. “The plastics are all there, by the bank, and the fumes come this way.”Between May 2021 and July 2024, 13 British companies sent 545 shipments of household and supermarket plastic waste, totalling 52,000 tonnes, to the Kemal Deniz recycling zone, under a mile from Ayhan’s aubergine fields, according to data analysed for the Guardian by the Environmental Investigation Agency (EIA), an international NGO. Continue reading...
cnbc.com
Takaichi’s fiscal push could lift growth — and Japan’s already-rising interest bill
Japan is giving up revenue now in the hope that stronger consumption and a 370 trillion yen public-private investment will deliver faster growth later.
theguardian.com
Metro Bank customer fights for £14,000 refund after AI-linked fraud
Lender was told money was being taken without authorisation, with cash used to buy credits for Claude chatbotA Metro Bank customer has told of his fight to get more than £14,000 back after its systems failed to stop a fraud involving the AI chatbot Claude.Zoli Rutter, a businessman from Sussex, had a total of £14,244 taken from his bank account. The scam involved fraudsters buying credits to use Claude. Continue reading...
bbc.co.uk
Could heatwaves make your food shop more expensive?
As temperatures rise, the chillers might not be the only thing supermarkets are adjusting.
theguardian.com
Can you tell if someone is filming you with Meta glasses? – video
Meta glasses - they're everywhere, and people have a lot of opinions. Mostly about their ability to take photos and videos. Rafqa Touma speaks to Guardian Australia's technology reporter, Josh Taylor, lifestyle editor, Alyx Gorman, and the Human Technology Institute's responsible technology policy specialist, Lauren Perry. Continue reading...
theguardian.com
Nigel Farage and the £5m question that won’t go away – podcast
Reform UK’s finances have come under scrutiny like never before. What do we know about the party’s funding – and why do so many awkward questions remain for Nigel Farage? Anna Isaac explainsFor a while this year, it looked like nothing could stop Nigel Farage getting to Downing Street. Not the allegations of schoolboy racism, not the dodgy Cameo videos or even the £400,000 he trousered for advertising gold bullion.But at the end of April, the Guardian’s City editor, Anna Isaac, delivered a game-changing scoop. That Farage had been given a £5m gift, as he termed it, from the cryptocurrency billionaire Christopher Harbourne. Continue reading...
bbc.co.uk
Assignment
How amid the tents and the rubble Gaza is developing once again as an unlikely tech hub
bbc.co.uk
Why is Trump Media selling early access to Trump's Truth Social posts?
The service reportedly costs up to $100,000 (£74,170) per month and offers access to posts from influential accounts milliseconds before they appear online.
bbc.co.uk
Tokenomics: Why making AI pay is tricky
Buyers of AI services are struggling to control costs and sellers are not sure how much to charge.
bbc.co.uk
Zinc dresses and ice creams - how to survive a heatwave wedding
The wedding industry is facing last-minute costs to cope with the heat and October bookings are up.
bbc.co.uk
Threat to oil tankers in Middle East worst since start of Iran war, analysts say
Fresh attacks on alternative shipping routes have left tankers facing an increasingly complex situation, analysts say.
bbc.co.uk
Derelict former BHS site a 'continuing nightmare'
The former department store closed in 2016.
theguardian.com
Whey to go! Could the cheese byproduct heat our homes and fuel our cars?
British cheesemakers have struggled to find a use for the 95,000 tonnes of salty whey they produce every year. But researchers may have come up with a solutionName: Whey.Age: As old as milk. Continue reading...
bbc.co.uk
Almost £200,000 of fuel stolen from UK forecourts every day since Iran war began
Incidents of fuel being taken without payment have risen by a fifth in five months, according to industry analysis.
bbc.co.uk
Xbox Series X price hiked by £170 due to rising memory chip costs
Xbox consoles now cost significantly more in the UK, with one model increasing in price by 43%.
bbc.co.uk
It may be easier to get your first mortgage than you think - here's why
More relaxed mortgage regulation opens the door for some first-time buyers, but it comes with risk.
bbc.co.uk
US and Japan take action to prop up yen in rare joint move
Both countries have said that they will not hesitate to conduct joint interventions in the future.
theguardian.com
I was fined £500 after putting a coffee cup in a rubbish bag next to a full bin
Reader expresses consternation after enforcement officer issues penalty notice outside station in LondonI was outside London Waterloo railway station and was looking for a bin to dispose of an empty coffee cup.The only bin I could see was completely full, but there was a plastic bag containing rubbish at the base. Continue reading...
bbc.co.uk
New Spider-Man film sees second-biggest ever global opening weekend
The strong box office performance gives a boost to Disney ahead of the much-anticipated Avengers: Doomsday.
theguardian.com
Inside M&S’s swanky Oxford Street revamp, the blueprint for its £700m growth strategy
As boss Stuart Machin unveils a new-look Pantheon the retailer has fashion and overseas challenges aheadOn a hot summer’s evening on London’s busy Oxford Street, a crowd of fashion influencers, models, journalists and the odd City analyst gathered for a first look at the upmarket revamp of Marks & Spencer’s landmark Pantheon store.Some may have had to double-check they had the right address, such is the scale of the makeover at the 88-year-old outlet, which is intended as a blueprint for change across the retailer’s more than 200 large stores. Continue reading...
theguardian.com
‘You owe parking fees’: experts warn of fake RingGo text scam
Criminals hope by using threats of enforcement action, people will panic and click link to bogus parking app siteYou use parking apps a lot – you have several on your phone – but it is not always straightforward. Sometimes there is a lack of reliable mobile signal, or the app crashes or behaves oddly, or it does not seem to want to accept your bank card.Also, it is sometimes hard to keep track of which apps you have used when. So when you receive a text from RingGo saying you owe it money, you are not totally surprised. Continue reading...
theguardian.com
Kremlin connections: the Russia links to a £600m UK theme park
Exclusive: French company Puy du Fou worked with a sanctioned oligarch on plans for a Crimea resort longer than disclosed, and later courted Iran and ChinaIn February 2014, thousands of “little green men” – Russian soldiers in unmarked uniforms – flooded into Crimea, seizing control of military bases and infrastructure.Their arrival marked the opening salvo of Vladimir Putin’s annexation of the peninsula, an operation that ultimately escalated into the full-scale invasion of Ukraine. Continue reading...
cnbc.com
An exam leak in India exposed a Gen Z jobs crisis that goes much deeper
While the leak of key exam papers was the trigger for the recent student protest in India, rising unemployment is the real fuel angering Gen Z in the country.
bbc.co.uk
India wants to join the strawberry superpowers
Indian strawberry farmers rely on varieties imported from the US and Europe, but that could change.
bbc.co.uk
The Chinese robot army transforming the UK's retail industry
Britain's weak productivity growth and labour shortages are creating an opportunity for China's robotics firms.
bbc.co.uk
How cow showers and fans help farmers keep cattle cool
Dairy farmers are using cow showers and fans to protect cattle as hotter summers hit milk production.
bbc.co.uk
Is it time to stop using glue and labels on paper?
Labels and adhesives can prevent paper from being recycled but there's new tech aimed at changing that.
bbc.co.uk
The 20-somethings betting big on tech stocks
The BBC hears from people about the risks and rewards of investing in technology shares.
bbc.co.uk
This farmer wanted to quit the cocaine industry - he couldn't
Colombians who grow cocaine's raw material bemoan a lack of support to help them switch crops.
bbc.co.uk
Is tracking your food purchases good for your health?
Food tracking apps are popular, but are they a good way to make us eat a healthier diet?
theguardian.com
AI and artists can click – a new manifesto for modern creativity
The UK is both an epicentre of global creative industries and a budding AI powerhouse. Here’s how it can balance support for creatives while also embracing technological changesWhat does it mean to be a creator in today’s modern world when artificial intelligence is reshaping relationships between humans and technology?That’s one critical question the UK creative industry has been asking itself as AI rips up traditional conventions on copyright, ownership, effort, and originality. Continue reading...
bbc.co.uk
New era for Gibraltar with removal of 118-year-old border controls with Spain
It is hoped that free movement between the UK territory and Spain will provide an economic boost.
bbc.co.uk
Wealthy AI workers send San Francisco house prices soaring
The median cost of a home in the city is now $1.7m, a record high, according to the latest figures.
bbc.co.uk
Robots available for rent: But what can they do?
Robotics tech is changing fast, so for many it makes sense to rent a robot.
bbc.co.uk
AI is 'not smart' so what's next in artificial intelligence?
Leading AI researcher Yan LeCun has a start-up which is developing a more flexible AI system.
bbc.co.uk
Why Gen Z are planning for life without a state pension
Many younger people do not believe the state pension will exist when they are older
bbc.co.uk
The furious dispute over what caused Air India flight 171 to crash
The final conclusions of the investigation have yet to be published, although more could become apparent in the coming days.
bbc.co.uk
How the High Street became a window on our political instability
High Streets have declined in recent years. What does this tell us about the UK?
bbc.co.uk
The £5 coffee that tells a story of global economic turmoil
Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, writes Faisal Islam
bbc.co.uk
The threat to summer holidays looming from jet fuel shortages
What impact might shortages have on our summer holidays - and what could be done about it?
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